Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Copper

Ivanhoe Mines Ltd. is a Canada-based mining, development, and exploration company. The Company is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include The Kamoa-Kakula Copper Complex, The Kipushi Project, The Platreef Project., and The Western Foreland Exploration Project. The Kamoa-Kakula Copper Complex project stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (km) west of the town of Kolwezi and about 270 km west of the provincial capital of Lubumbashi. The Kipushi mine is adjacent to the town of Kipushi in the Democratic Republic of the Congo (DRC) approximately 30 km southwest of the provincial capital of Lubumbashi. The 21 licenses in the Western Foreland cover a combined area of 1,808 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex.

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Ivanhoe Mines Ltd

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Comment by graffiti99on May 31, 2016 12:10am

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Post# 24918138

RE:Smart money says political risk exagerrated!

I agree mostly. Doubt there will be civil war. Bit of a mess for the rest of the year IMO for Congo. If they get through this even with a clumsy transfer of power, I will load up. I can't stomach the risk for the time being though. It's getting more and more attention in mainstream news lately. IVN will suffer some negative headline risk short term.

Here is a good recent article on possible targeted US sanctions on Kabila. UN Sec General aware and quoted as well. More news out of US congress on Congo expected later in June. I wonder if they sanction Dan Gertler?

https://af.reuters.com/article/topNews/idAFKCN0YJ067?pageNumber=1&virtualBrandChannel=0

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